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SONAR Group: Results at the end of 2017

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Magazine Issue: 
Reinsurance in a stalemate [3]
Magazine date: 
Nov 2018

As at December 31st, 2017, SONAR IARD's turnover amounted to 12.2 billion FCFA (22.2 million USD), up by 0.83% compared to 2016. The incurred lossess decreased over one year, standing at 3.3 billion FCFA (5.9 million USD) against 3.9 billion FCFA (6.2 million USD) a year before.

SONAR IARD’s net profit for the year ended December 31st, 2017 was 1.8 billion FCFA (3.3 million USD).

For its part, SONAR Vie recorded a 13.81% growth in turnover compared to 2016. The latter amounted to 8.3 billion FCFA (15.2 million USD). Benefits reached 3.5 billion FCFA (6.3 million USD), up by 39.57% compared to 2016.

The net profit of SONAR Vie recorded a 57.45% increase, standing at 630.17 million FCFA (1.15 million USD) at the end of 2017.

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Thu, 08/11/2018 - 12:12

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